SCB X PCL, officially known as Siam Commercial Bank X Public Company Limited, is a prominent financial institution headquartered in Thailand. Established in 1907, SCB X has evolved into a leading player in the banking and financial services industry, with a strong presence across Southeast Asia.
The company offers a diverse range of services, including retail banking, corporate banking, and wealth management, distinguished by its innovative digital solutions. SCB X is recognised for its commitment to customer-centric services and technological advancements, positioning itself as a pioneer in the region.
With a robust market position, SCB X has achieved significant milestones, including numerous awards for excellence in banking services. Its focus on sustainability and digital transformation continues to drive its growth and enhance its reputation in the competitive financial landscape.
+23 vs industry average
Scb X Pcl’s score of 59 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Services Auxiliary to Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Services Auxiliary to Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Scb X Pcl's reported carbon emissions
In 2024, SCB X Public Company Limited, headquartered in Thailand, reported total carbon emissions of approximately 12,757,000 kg CO2e from Scope 1, 40,660,000 kg CO2e from Scope 2, and 28,695,000 kg CO2e from Scope 3, leading to a calculated total of approximately 82,112,000 kg CO2e. This represents a significant commitment to reducing its carbon footprint, with a target to decrease Scope 1 and Scope 2 emissions by 42% by 2030 from a 2023 baseline. Additionally, the company aims to measure and reduce its Scope 3 emissions. SCB X has also committed to achieving net-zero emissions across all scopes by 2050, aligning with the Science Based Targets initiative (SBTi) guidelines. The company’s portfolio targets cover 20% of its total investment and lending by total assets, with a focus on required activities that constituted 25% of its total investment as of 2021. The emissions data is sourced directly from SCB X Public Company Limited, with no cascading from a parent organization. The company is actively working towards its climate commitments, demonstrating a proactive approach to sustainability in the financial sector.
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Scb X Pcl’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Scb X Pcl yet.
Scope 3 top emissions categories
4 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Scb X Pcl
Frequently asked questions
Common questions about Scb X Pcl’s sustainability data and climate commitments
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